MOUNTAIN VIEW, CA, May 30, 2011 (MARKETWIRE via COMTEX) --

Cavium Networks (NASDAQ: CAVM), a leading provider of semiconductor products that enable intelligent processing for networking, communications, connected home and video applications today announced that GIGABYTE, a leading manufacturer of PC products, has developed their next-generation, feature-rich cloud-expandable storage products focused on the rapidly growing Consumer and SMB markets based on Cavium's ECONA System-On-Chips (SOCs). Delivering industry's best performance at very cost-effective price points, this product family offers scalable platforms targeting low-, mid- and high-end Consumer and SMB NAS markets. Based in Taiwan, GIGABYTE is a recognized leader in the computer market with products shipped under its own brand as well as well as for multiple tier-1 OEM vendors as an ODM partner.

The need for high-performance, cost-effective networked storage solutions in the connected home has been growing exponentially with the explosion of the amount of multi-media content available for consumption via multiple devices. These solutions need a processor that delivers very high performance without sacrificing cost and power. Most importantly, scalability is mandatory to enable seamless expansion of storage capabilities on an as-needed basis.

GIGABYTE's GR-EZ series are based on Cavium's ECONA platforms which deliver an impressive cost-performance ratio and an overall unbeatable value, thanks to Gigabyte's design and manufacturing experience. The GR-EZ series models are mainly addressed at SMB / SOHO markets, but they can also be perfectly suitable for a home entertainment environment thanks to their multimedia file management capabilities. The GR-EZ series products come with both disk and disk-less options to provide customers seamless scalability for internal disk storage to a virtual / remote disk in the cloud. Combined with GIGABYTE's cloud storage architecture, this enables customers to successfully deploy a private cloud very easily.

"We are looking for partners that provide a solid foundation for our growth trajectory. With Cavium, we have exactly the partner we have been searching for," said Kevin Chen, AVP of Networking and Communications Business Unit, GIGABYTE. "Cavium's multi-core ECONA platforms enable us to differentiate our high-performance, energy efficient solutions by providing ample processing headroom for concurrent multi-service applications."

"Cavium is delighted to be working with GIGABYTE in introducing a revolutionary cloud-based storage product," said Manoj Gujral, VP and GM of Broadband and Consumer Division at Cavium Networks, "Our ECONA family of processing solutions delivers world-class performance at attractive price points."

About GIGABYTE GIGABYTE Technology Co. Ltd., headquartered in Taipei, Taiwan, is known as a leading brand in the IT industry with branch offices located in 24 countries around the world. Founded in 1986, GIGABYTE started as a small research and development team and has since taken a position as one of the in the world's top motherboard manufacturers. In addition to motherboards and graphics cards, GIGABYTE further expanded its product portfolio to include notebook and desktop PCs, datacenter servers, networking products, mobile handsets, and home entertainment devices to serve each facet of the digital life in the home and office. Everyday GIGABYTE aims to "Upgrade Your Life" with innovative technology, exceptional quality, and unmatched customer service. In 2011, GIGABYTE celebrates its 25th anniversary. Through a quarter of century, we have committed to quality excellence and serviced our clients with enthusiasm and professionalism. We will continue to navigate into the future in full sail. Visit www.gigabyte.com for more information.

About Cavium Networks Cavium Networks is a leading provider of highly integrated semiconductor products that enable intelligent processing in networking, communications, and connected home applications. Cavium Networks offers a broad portfolio of integrated, software-compatible processors ranging in performance from 10 Mbps to 40 Gbps that enable secure, intelligent functionality in enterprise, data-center, broadband/consumer and access and service provider equipment. Cavium Networks processors are supported by ecosystem partners that provide operating systems, tool support, reference designs and other services. Cavium Networks principal offices are in Mountain View, CA with design team locations in California, Massachusetts, India and Taiwan. For more information, please visit: http://www.caviumnetworks.com

Note on Forward-Looking Statements This press release may contain forward-looking statements regarding future events that involve risks and uncertainties. Readers are cautioned that these forward-looking statements are only predictions and may differ materially from actual future events or results. These forward-looking statements involve risks and uncertainties, as well as assumptions and current expectations. Our actual results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of these risks, uncertainties and assumptions. The risks and uncertainties that could cause our results to differ materially from those expressed or implied by such forward-looking statements include but are not limited to the rate at which our new products are adopted; technological advances; pricing pressures; general economic conditions; manufacturing difficulties, development of new products and technologies; whether Cavium is successful in marketing its products; and other risks and uncertainties described more fully in our documents filed with or furnished to the Securities and Exchange Commission. More information about these and other risks that may impact Cavium's business are set forth in the "Risk Factors" section of our Form 10-K filed with the Securities and Exchange Commission on February 28, 2011. All forward-looking statements in this press release are based on information available to us as of the date hereof and qualified in their entirety by this cautionary statement, and we assume no obligation to revise or update these forward-looking statements.

Cavium Networks Contact:
Angel Atondo
Sr. Marketing Communications Manager
Tel: (650) 623-7033
Email: angel.atondo@caviumnetworks.com

SOURCE: Cavium Networks, Inc.

mailto:angel.atondo@caviumnetworks.com